Free Forex Ebooks

Advanced Candlesticks and Ichimoku Strategies for Forex Trading Part I

For the first time, our Action Forex analysts are revealing the strategies they use in formulating the trading ideas in our popular Candlesticks and Ichimoku Analysis section. These strategies are presented in our ebook "Advanced Candlesticks and Ichimoku Strategies for Forex Trading."

In this ebook, you will learn basic technical analysis techniques such as trend analysis, pattern recognition and Fibonacci percentage of retracements and projections. In addition, focus is on two technical charting tools both invented by Japanese people, the Candlesticks and the Ichimoku Kinko Hyo. These two methods works amazingly well in forecasting the market movements especially in recent very volatile market condition.

More importantly, real life examplese were used to demonstrate how to use these tools to formulate objective trading strategies. These examples were published in our trade ideas section since 2009, providing trading strategies updates on USD/JPY, EUR/USD, USD/CHF, GBP/USD, with clear entry levels, profit objectives (from 100 points to 150 points) and stop-loss (50-60 points).

Advanced Candlesticks and Ichimoku Strategies for Forex Trading Part II

In a follow up effort to Part I, we will extend our coverage of both Candlestick and Ichimoku Kinko Hyo charting. More focus would be put on other bullish and bearish candlestick patterns such as 'Dark Cloud Cover', 'Three White Soldiers' and 'Piercing Line' etc. Besides, we will have more in depth studies on the Ichimoku Kinko Hyo charting, introducing more trading signals, the use of Chikou Span and more advance application of the Ichimoku Kumo.

Once again, real life examplese were used to demonstrate how to use these tools to formulate objective trading strategies.